The leading market experts have placed a mean price target of $30.05 on Whole Foods Market, Inc. (NASDAQ:WFM) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.25 a share for the upcoming quarter and $1.53 for the current fiscal. Technical View The technical analysis of Whole Foods Market, Inc. plainly substantiates that the 50-day moving average of Whole Foods Market, Inc. is $31.60, and stock is hovering -1.03 or -3.26% distant from $31.60. It is noted that the 200-day MA is $31.40, and Whole Foods Market, Inc. stock is $-0.83 or -2.64% off from this point. Whole Foods Market, Inc. (NASDAQ:WFM) 52-week high is $41.97 and the 52-week low is $28.07. This explains if the stock moves $-11.40, it will post a 52-week high. In event of $+8.91% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Whole Foods Market, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Whole Foods Market, Inc. (NASDAQ:WFM) ratio came in at 20.85. The stock last ended the trading session at $30.57 and registered a market cap of $9.81B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Whole Foods Market, Inc. (NASDAQ:WFM) PEG ratio is at 3.30.
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